Toronto Stock Exchange
| TSX - Toronto Stock Exchange Inc.
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | CA87262K1057 |
| founding | October 25, 1861 |
| Seat |
Toronto , Ontario Canada
|
| management | Tom Kloet (CEO), Wayne Fox (Chairman) |
| Number of employees | over 800 |
| sales | $ 196.5 million (2010) |
| Branch | Financial market |
| Website | www.tmx.com |
The Toronto Stock Exchange ( TSX ) is Canada's largest stock exchange , the third largest exchange in North America, and the sixth largest exchange in the world. It is operated by the TMX Group . A large number of companies from Canada, the United States and other countries are listed on the Toronto Stock Exchange. The TSX is based in the Exchange Tower, built in 1981, in the Financial District of Toronto and has additional locations in Montreal , Winnipeg , Calgary and Vancouver . The leading indices are the S & P / TSX 60 and the S & P / TSX Composite Index .
The previous name was TSE, short for Toronto Stock Exchange. This was given up in favor of TSX. TSE is currently used by the Tokyo Stock Exchange .
The market capitalization of all companies listed on the Toronto Stock Exchange in August 2017 was 2.284 billion US dollars, making it the ninth largest exchange in the world by market capitalization.
History of the stock market
→ Main article: History of the Toronto Stock Exchange
The Toronto Stock Exchange likely grew out of the Association of Brokers , an association of stockbrokers founded on July 26, 1852 . No record of the transactions of this association has survived. On October 25, 1861, 24 businessmen met in the Masonic Lodge building and founded the Toronto Stock Exchange. A law passed by the Ontario Legislative Assembly in 1878 gave the exchange official status.
The TSX grew steadily in the size and number of stocks it traded. It closed briefly for three months in 1914 for fear of financial panic at the start of the First World War. In 1934 it merged with its main competitor, the mining-specialized Standard Stock and Mining Exchange . In 1977 the TSX introduced the computer-based trading system CATS . In 1997 floor trading was stopped and completely switched to computer trading . In 1999, Barbara G. Stymiest became the first female president of a North American stock exchange.
Indices
- S & P / TSX Composite Index
- S & P / TSX 60
- S & P / TSX Completion Index
Trading hours
The trading hours on the TSX are from 9:30 a.m. to 4:00 p.m. on working days, and post-trading hours are from 4:15 p.m. to 5:00 p.m. The exchange is closed on weekends and public holidays.
TMX Group
The TMX Group consists of:
- Toronto Stock Exchange (TSX), with 1,516 companies listed in Toronto .
- TSX Venture Exchange (also known as CDNX), with 2,376 companies listed. Location in Calgary .
- Montreal Exchange , futures exchange in Montreal
- Natural Gas Exchange (NGX)
- Boston Options Exchange, warrant exchange in Boston
- Candeal
- TMX Equicom - Provides current market information.
- TMX Datalinx
- TMX CDCC - Canadian Derivatives Clearing Corporation
present
In 2008, 3841 companies were listed on the TSX. All major banks are listed on the stock exchange: CIBC, Bank of Montreal, Bank of Nova Scotia, Royal Bank of Canada and Toronto-Dominion Bank. Several energy companies are also listed on the stock exchange: Air Canada, Cameco Corporation , Canadian Natural Resources Ltd., Canadian Oil Sands Trust, EnCana Corporation, Husky Energy Inc., Imperial Oil Ltd. and Nexen Inc.
Merger planning
In November 2010 the TMX Group announced that it would open a location in London in 2011. In February 2011, plans for the merger of the Toronto Stock Exchange with the London Stock Exchange were announced. On June 29, 2011, both sides announced that the merger agreement that had already been reached had lapsed because the necessary support from the shareholders had not been received and a Canadian investor consortium had submitted a counter offer.
See also
Web links
- Toronto Stock Exchange (English)
- Historical overview of the Toronto Stock Exchange (English; PDF; 64 kB)
- Information about the Exchange Tower at Emporis.com (English)
Individual evidence
- ↑ TMX Group Annual Report 2010 ( Memento of the original from October 7, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF; 3.8 MB)
- ^ The Worlds Stock Exchanges by Market Cap. Retrieved March 7, 2018 .
- ↑ TSX Stock Exchange History at Glance ( Memento of the original from December 4, 2008 in the Internet Archive ) Info: The archive link was automatically inserted and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF; 12 kB)
- ↑ TMX Group: TMX Group to Open Office in London, UK ( Memento of December 28, 2011 in the Internet Archive ) of November 3, 2010. Retrieved on July 14, 2011.
- ↑ Stock exchanges in London and Toronto want to merge in: Die Welt from February 9, 2011. Accessed on July 14, 2011.
- ↑ TMX Group: TMX Group Inc. Statement Regarding London Stock Exchange Group plc ( Memento of October 25, 2011 in the Internet Archive ) of February 8, 2011. Retrieved July 14, 2011.
- ↑ London Stock Exchange fails with takeover in: Handelsblatt from 29./30. June 2011. Retrieved July 14, 2011.
- ↑ TMX Group: TMX Group and LSEG Terminate Merger Agreement ( memento from January 20, 2012 in the Internet Archive ) from June 29, 2011. Retrieved July 14, 2011.
